Binance ranks first in TradiFi (traditional finance-linked) asset contract open interest, with about $3.74 billion and a 43.4% market share, according to the latest RootData tokenized asset dashboard data cited by ChainCatcher. Hyperliquid ranks second with about $1.89 billion and a 22.0% share, followed by Bitget with about $855 million and a 9.9% share. The three platforms together represent about 75.3% of the market. The data covers only crypto-native asset categories involving contracts and tokenization, and excludes data from traditional stock brokers.